PHOENIX—The Construction Lender Risk Management community is hosting the second annual Construction Lender Risk Management roundtable held March 2-4 in Phoenix. The roundtable brings together lenders, risk managers, lawyers and consultants to discuss construction risk management policies and issues facing the industry in today's regulatory and credit climate, and to share strategies for dealing with these issues.

Effectively managing construction lending risks and regulatory pressures while remaining competitive is critical to the long-term sustainability of the construction industry. The CLRM initiative was formed in 2013 to help facilitate real conversations amongst the peer group of construction lenders. The forum aims to further discussion about the value of standardization and a proactive approach to managing physical and engineering risks, as well as underwriting and loan administration issues associated with construction lending,

“We hope to build on the fruitful discussions held at and following last year's roundtable, which have added momentum to the establishment of uniformity of scopes of work and best practices across the industry” says Joseph Derhake, president of Partner. “With so many of the industry's key players in one room, real progress can be made to address these much-needed items.”